Is it profitable to do Airbnb in Budva, Montenegro?
What is the occupancy rate of Airbnb in Budva, Montenegro?
What is the average daily rate of Airbnb in Budva, Montenegro?
Montenegro / Budva
Budva, Airbnb Market Statistics & Data, Montenegro
A typical short-term rental listing in Budva is booked for 208 nights a year, with a median occupancy rate of 57% and an average daily rate of $76. In 2023, a typical host income (annual revenue) was $14K. As of 12th September, 2024, there are 2,601 active Airbnb listings.
Average Revenue: $14K/yr
Occupancy Rate
57%
Avg Daily Rate
$76
Budget
No. of Listings
4,233
Medium
YoY Revenue Change
-10.37%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$491
Average
$1,038
High
$2,013
Is Airbnb Profitable in Budva?
Yes, there is good short-term rental demand. A 57% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Budva
Short-term rental regulation is lenient in Budva. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Budva
A typical listing recorded a 57% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 99.44% of the guests are international guests, and visitors from United kingdom is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 57%
2,601 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Budva's Airbnb Data ⟶
Best Areas in Budva for Airbnb
Are you wondering where to invest in Budva? Look no further!
Top demand Airbnb in Budva
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 2,601 listings.
See 2,601 listing Statistics
Professional Short-term rental property managers in Budva
We've compiled a list of host profiles that manage the most Airbnb properties in Budva. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Budva
Here is a breakdown of short-let properties in Budva. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type